Report: Microsoft To Cut About 9,000 Jobs From Nokia Factories In China

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According to the recent report, Microsoft is planning to shut down former Nokia device manufacturing plants in China. This will impact about 9,000 jobs in total. The closure of the plants located in Beijing and the southeastern city of Dongguan were planned last year. Microsoft is also planning to ship some of the manufacturing equipment to Vietnam where they have their current manufacturing facility. The closures and transfer of production capacity to Vietnam would likely be completed by the end of March.

Source: MarketWatch